Northwest Arkansas nonprofit Startup Junkie Foundation is partnering with community volunteers and donors to launch a re-sell store to provide financial support to local small business owners. The store, dubbed UpStart Thrift, will be in a community southwest of Fayetteville,…
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New Hires to Shape The Future of NW Arkansas Nonprofit FORGE Inc.
by AMP Staffby AMP StaffFORGE Inc., a 501(c)3 nonprofit based in Huntsville, Arkansas, recently welcomed three strategic staff hires who will expand the organization’s services and impact throughout the state of Arkansas and surrounding areas. The new hires include Sandra Carrasco-Quezada, Director of Latinx…
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SBA Increasing Economic Injury Loan Limits for Small Businesses, Nonprofits
by Tyler Haleby Tyler HaleThe U.S. Small Business Administration (SBA) has announced plans to increase the amount small businesses and nonprofits can borrow through the COVID-19 Economic Injury Disaster Loan (EIDL) program. Small businesses and nonprofits will be able to apply for up to…
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Natural Resources Commission OKs $59 Million for Water, Wastewater Projects
by AMP Staffby AMP StaffFour Arkansas municipalities have received funding approval for water and wastewater projects. In total, the Arkansas Department of Agriculture’s Natural Resources Commission has disbursed more than $59 million for the four projects. The commission approved loans totaling $59,633,800 on March…
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Natural Resources Commission OKs $4.2 Million in Funding for Water Projects
by AMP Staffby AMP StaffSeven water and wastewater projects have received funding from the Arkansas Department of Agriculture’s Natural Resources Commission. In total, the commission approved $4,626,938 in loans. The largest loan went to the East End Improvement District No. 1 in Saline County,…
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New PPP Loan Round, Totaling $284 Billion, Opening on Jan. 11
by Tyler Haleby Tyler HaleThe Small Business Administration is reopening the Paycheck Protection Program (PPP) next week for both new and existing borrowers. In this new round of financing, there will be $284 billion available through March 31, 2021. This additional PPP financing is…
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Rural Central Arkansas Entrepreneurs Eligible for Zero Percent Loans through New Conductor Partnership
by Tyler Haleby Tyler HaleRural entrepreneurs in Central Arkansas will now have another source of potential funding. Conductor is partnering with two organizations to provide entrepreneurs with increased access to loan capital. The Conway-headquartered organization is partnering with Rural Local Initiatives Support Corporation (LISC)…
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Applications Open for Arkansas 30 Day Fund Program
by Tyler Haleby Tyler HaleApplications are now open for the Arkansas 30 Day Fund. On Thursday, May 14, former White House press secretary Sarah Huckabee Sanders announced that she and her husband, Bryan Sanders were launching the Arkansas 30 Day Fund, a forgivable loan program…